Canned Tuna Market To Show Strong Growth & Demand | Frinsa del Noroeste S.A., Thai Union Group PCL., Bumble Bee Foods, LLC.

The ' Canned Tuna market' research report added by Report Ocean, is an in-depth analysis of the latest developments, market size, status, upcoming technologies, industry drivers, challenges, regulatory policies, with key company profiles and strategies of players. The research study provides market overview, Canned Tuna market definition, regional market opportunity, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis, Canned Tuna market size forecast, market data & Graphs and Statistics, Tables, Bar &Pie Charts, and many more for business intelligence.

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Global Canned Tuna Market is valued approximately USD 8.97 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 4.7% over the forecast period 2022-2028. Canned tuna is a popular meal since it is a cheap source of protein and is available in approximately 70 countries across the world. The health advantages of eating tuna include a high dosage of vitamin B12, which is essential for DNA synthesis. Shifting customer preferences for seafood in various cuisines due to its high concentration of important proteins, vitamins, and minerals are projected to be a major driving force in the business. Furthermore, the flavour of tuna is particularly excellent and different from other fish, thus the product is in great demand all over the world. Seafood consumption has increased dramatically in recent years due to its great flavour, nutritious benefits, and lower carbon footprints when compared to other meat and beef products. Tuna, on the other hand, is one of the top five most eaten seafood foods worldwide. The tuna sector has seen a paradigm shift in recent years as a result of increased production and price rivalry, new technology, and evolving customer demand. Thailand, Ecuador, China, Indonesia, and the Philippines were the leading exporters of canned and processed tuna, according to information published by the 'GLOBEFISH', a product, trade, and marketing department of the FAO Fisheries and Aquaculture Department. The United States, Japan, Australia, Egypt, Saudi Arabia, and European nations, on the other hand, were the leading importers of canned and processed tuna. According to 'GLOBEFISH' figures, Saudi Arabia had a 23.3 percent increase while Egypt saw a 15.0 percent increase in canned and processed tuna imports in 2019 compared to the previous year. European nations and the United States are the major consumers of canned tuna, although Asian countries such as Japan, Australia, and South Korea are also at the top of the consumption ranking. Also, the majority of the tuna business, particularly the canned tuna sector, caters to various Asian nations due to the high quality of the fish. However, adoption of plant based and organic products impedes market expansion throughout the projection period of 2022-2028.

The key regions considered for the Global Canned Tuna Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. Europe has emerged as the industry leader as customers increasingly prefer easy, ready-to-eat, and convenient seafood options. According to the European Market Observatory for Fisheries and Aquaculture Products (EUMOFA), tuna was the most eaten marine species in Europe in 2018. Italy, Spain, and the United Kingdom are among the region's top canned tuna consumers. These trends are expected to drive regional market expansion throughout the projected period. In terms of revenue, the Middle East and Africa are expected to have the fastest CAGR from 2022 to 2028. New unexplored markets in the Middle East and Africa, such as Saudi Arabia and Egypt, are emerging as key marketplaces with enormous development potential.

Major market players included in this report are:
• Frinsa del Noroeste S.A.
• Thai Union Group PCL.
• Bumble Bee Foods, LLC.
• Century Pacific Food Inc.
• Jealsa
• Grupo Calvo
• Wild Planet Foods Inc.
• PT. Aneka Tuna Indonesia
• American Tuna Inc.
• Ocean Brands GP

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product:
• Skipjack
• Yellowfin
• Others

By Distribution Channel:
• Hypermarket & Supermarket
• Specialty Stores
• Online

Key Considerations for Market Forecast:
• Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
• Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds
• Pre- as well as post-COVID-19 market estimates
• Quarterly impact analysis and updates on market estimates

What is market research report?
Market research is a defined process to collect information about customers, competitors, and everything that a business needs to understand to sustain and grow. It offers important analysis to distinguish and examine the market needs, size, and trends. Market research is generally divided into, primary research and/or secondary research. The process usually includes collection and interpretation of market data by using statistical and analytical techniques to support the decision making process. The report helps in identifying and tracking emerging players in the market and their portfolios, enhances decision making capabilities and helps to create effective counter strategies to gain competitive advantage. Market research reports provide in-depth analysis about the market conditions and requirements for effective decision making.

The report provides a snapshot of the global market size, segmentation data, marketing growth strategies, market share, export and import information, analysis and forecast of market trends, competition, domestic production, best sales prospects, statistical data, tariffs, regulations, distribution and business practices, end-user analysis, contact points and more. These research reports include information about competitive strategies, solutions, fact-based research, key takeaways, recommendations, market considerations, emerging business models and market opportunities for multiple segments of an industry. Market research reports assist in solving business problems and making better decisions to improve business as per the prevalent market trends.

What our reports offer:
• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers market data for 2020, 2021, till 2028
• Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements
Browse market information, tables and figures extent in-depth TOC, The latest independent research document on various market development activities and business strategies such as new product/services development, Joint Ventures, partnerships, mergers and acquisitions, etc. In order to provide a more informed view, a market company profiles include Business Overview, Product / Service Offerings, SWOT Analysis, Segment & Total Revenue, Gross Margin and % Market Share. This report explores market definitions, overview, classification, segmentation, inclusive of market type and applications followed by product specifications, manufacturing initiatives, pricing structures, raw material sourcing and supply chain analysis.

Geographical Breakdown: Regional level analysis of the market, currently covering North America, Europe, China & Japan

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Changing Forecasts in a Time of Crisis: explores key issues, including:
• Future changes in consumer behavior
• High-frequency economic data
• Mapping Out a Potential Recovery
• Business Strategies During COVID-19
• Near & Long Term Risk Outlook, Risk Assessment and Opportunities
Key questions answered: The Study Explore COVID 19 Outbreak Impact Analysis
• Market size and growth rate during forecast period.
• Key factors driving the Market.
• Key market trends cracking up the growth of the Market.
• Challenges to market growth.
• Key vendors of Market.
• Detailed SWOT analysis.
• Opportunities and threats faces by the existing vendors in Global Market.
• Trending factors influencing the market in the geographical regions.
• Strategic initiatives focusing the leading vendors.
• PEST analysis of the market in the five major regions.
• What should be entry strategies, countermeasures to economic impact, and marketing channels?
• What are market dynamics?
• What are challenges and opportunities?
• What is economic impact on market?
• What is market chain analysis by upstream raw materials and downstream industry?
• What is industry considering capacity, production and production value? What will be the estimation of cost and profit? What will be market share, supply and consumption? What about import and export?
• What is current market status? What's market competition in this industry, both company, and country wise? What's market analysis by taking applications and types in consideration?
• What were capacity, production value, cost and profit?
• Who are the global key players in this industry? What are their company profile, their product information, and contact information?
• Which manufacturing technology is used, what are their company profile, their product information, and contact information?

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Key Points Covered in Canned Tuna Market Report:

Chapter 1, to describe Definition, Specifications and Classification of Global Canned Tuna, Applications of , Market Segment by Regions;
Chapter 2, to analyze the Manufacturing Cost Structure, Raw Material and Suppliers, Manufacturing Process, Industry Chain Structure;
Chapter 3, to display the Technical Data and Manufacturing Plants Analysis of , Capacity and Commercial Production Date, Manufacturing Plants Distribution, Export & Import, R&D Status and Technology Source, Raw Materials Sources Analysis;
Chapter 4, to show the Overall Market Analysis, Capacity Analysis (Company Segment), Sales Analysis (Company Segment), Sales Price Analysis (Company Segment);
Chapter 5 and 6, to show the Regional Market Analysis that includes United States, EU, Japan, China, India & Southeast Asia, Segment Market Analysis (by Type);
Chapter 7 and 8, to explore the Market Analysis by Application Major Manufacturers Analysis;
Chapter 9, Market Trend Analysis, Regional Market Trend, Market Trend by Product Type, Market Trend by Application;
Chapter 10, Regional Marketing Type Analysis, International Trade Type Analysis, Supply Chain Analysis;
Chapter 11, to analyze the Consumers Analysis of Global Canned Tuna by region, type and application;
Chapter 12, to describe Canned Tuna Research Findings and Conclusion, Appendix, methodology and data source;
Chapter 13, 14 and 15, to describe Canned Tuna sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.

Continued….
……..and view more in complete table of Contents

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